AgStar : DEALINGS BY DIRECTORS

11th January 2022

Mr. Renuka Wijewardene,

Chief Operating Officer

Colombo Stock Exchange

No. 04-01, West Tower,

World Trade Centre

Echelon Square

Colombo 1.

Dear Sir,

AGSTAR PLC (the Company)- DISCLOSURE OF DEALINGS BY DIRECTORS

In terms of Rule 7.8 of the Listing Rules and Sections 200 of the Companies Act No.7 of 2007, we wish to inform you of the disclosure made by Mr. W. A. P. Perera is a Non-Executive director of AgStar PLC and the Chairman of Sierra Construction Ltd and the Director of Sierra Holdings (Pvt) Ltd pertaining to the dealings in Relevant Interest in shares of the Company. Details of the transaction is as follows;

	Date of	Nature of	No. of	Consideration	Nature of relevant	Date of
	Transaction	Transaction	Voting	per share	interest	Notification to
			Ordinary			the Directors
			Shares
				Rs.8.00	Non-Executive Director
	05th January	Sold	37,025,290	of Agstar PLC and the	11th January
	2022				Chairman of Sierra	2022
					Construction Ltd
	05th January	sold	97,300,313	Rs.8.00	Non-Executive Director	11th January
	2022				of Agstar PLC and the	2022
					Director of Sierra
					Holdings (Pvt) Ltd
Yours faithfully,

BY ORDER OF THE BOARD OF DIRECTORS AGSTAR PLC

Director

P.R. Secretarial Services (Pvt) Ltd.

Secretaries to AGSTAR PLC

____________________________________________________________________________________________

Directors

J. H. P. Ratnayeke	Tharini Gunasekera	R. C. Ratnayeke
LL. B, LL.M (Lond.)	LL. B, LL.M (Colombo)	LL.B (Durh)
Attorney-at-Law	Attorney-at-Law